Sydney-based ACEN Australia, wholly owned subsidiary of ACEN, has secured AUD 750 million (~$474.50million) in debt financing to support its operating renewable assets and upcoming projects. The funding will help complete the 400 MW Stubbo Solar project and follows earlier generation from the 400 MW New England Solar project. Backed by 11 local and international lenders, the financing expands ACEN Australia’s financial partnerships. It supports over 1 GW of assets in operation or construction and 13 GW in development. Macquarie Capital and Morgan Stanley advised on the deal, with legal support from Allens for ACEN Australia and Herbert Smith Freehills for the lenders.